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Grow With Us - Invest!

 

 

 

We’re over the $500,000 mark

July 17, 2017 UPDATE- click here

 

 

 

Help shape our next store

 

 

 

After years of discussion and planning, the architectural plan for the new Co-op South Street store is approved.

We have Phase 1 fundraising to complete by AUGUST 16, 2017.  With the support of community, a bigger, more efficient, easier-to-navigate space full of healthy local food and products is in all our of futures.

In an ever-changing world some things remain the same— if you plant a seed in good soil, give it light and water, it will grow into a plant, a vegetable, a fruit tree. But you don’t just let it grow for the sake of growing. You continue to water it, to nourish it, to prune it and to shape it. We have an opportunity to play a vital role in shaping the future of Blue Hill Co-op and the role it will play in its impact on the local and regional food economy.

Please consider your investment as a member-owner toward the continued growth of this dynamic community food hub. It is a bold move. I believe in it and it’s one we can champion for our children and theirs after them.

 

Kevin Gadsby

General Manager
Blue Hill Co-op

THREE WAYS TO PARTICIPATE:

  1. Purchase Investment Shares. Investments start at $100.
  2. Give a tax-deductible donation through Eastern Maine Development Corporation. Learn more >
  3. Donate directly to Blue Hill Co-op. (Not tax-deductible.) To donate directly, contact the General Manager.

 

About Investment Shares

You now have the opportunity to help the Co-op finance its planned store relocation, earn a good return, and keep your money invested locally! If you are a Maine State Resident, you can invest in your Co-op.

On this page you will find everything you need to learn about and purchase Preferred Shares. In addition, this link provides detailed answers to frequently asked questions.

This offering, reviewed by the Maine Office of Securities, allows us to offer four series of shares that you can purchase, each with differing terms and with different annual dividend rates:

SeriesCost per share# of shares offered#/$ of shares purchased (07/24/17)#/$ of shares remaining (07/24/17)TermAnnual dividend rate
A-1$1001,000312/$31,200688/$68,8003 year minimum retention0%
A-2$1003,000944/$94,4002,056/$205,6005 year minimum retention2.5%
A-3$1003,0001,413/$141,3001,587/$158,7007 year minimum retention3.5%
A-4$1003,0002,459/$245,900141/$14,10010 year minimum retention4.5%

Want to invest? See detailed Offering Materials and Investment Forms below.

Offering Materials

Prospectus

Offering Circular

Business Plan

Financial Addendum


Investment Forms

1.  Investing Instructions

2.  Investor Form

3. Subscription Agreement Form

4. Accredited Investor Questionnaire

5. Preferred Shares Chart + Progress

 

Mail forms and checks to:
Blue Hill Co-op
ATTN: Kevin Gadsby
PO Box 1133
Blue Hill, ME 04614

NOTE: If you are investing more than $5,000, you will need to fill out the Accredited Investor Questionnaire (#4 above)

Please use the contact form below or email Kevin Gadsby at gm@bluehill.coop if you would like to meet or have questions.

Your Name (required)

Your Email (required)

Your Phone Number (required)

Needs?
MeetingAssistanceFormsOther

Maine State Resident?
YesNo

Amount of Investment
Less than $5,000More than $5,000

Your Message

 

THIS OFFERING OF PREFERRED SHARES IS ONLY BEING PROVIDED TO OWNERS OF THE BLUE HILL CO-OP, INC. WHO HAVE CERTIFIED THAT THEY ARE BONA FIDE RESIDENTS OF THE STATE OF MAINE AND ANY OTHER USE IS UNAUTHORIZED